The mountain gold itself has no value until extraction begins and the gold is applied to help benefit someone’s life. The value of something is derived from a human directly benefiting from it. Only until the lithium is mined and used to do something that helps improve someone’s quality of life then it hasn’t realized its value yet.
So if you are that dude with the mining rights, you would sell them at the same price before and after discovering the gold right? Since the discovery of gold hasn’t changed its value.
Let’s do one with raw material in the ground:
There is a mountain that is 99% made of solid gold, but none bothered to check. Some random dude has the mineral rights for that mountain.
Suddenly one day, that dude wanders in his mountain and makes a 1m deep hole and finds the gold. He has not yet extracted a single gram of gold.
So you say that mountain has no value?
Or has the analogy have to be lithium now?
The mountain gold itself has no value until extraction begins and the gold is applied to help benefit someone’s life. The value of something is derived from a human directly benefiting from it. Only until the lithium is mined and used to do something that helps improve someone’s quality of life then it hasn’t realized its value yet.
So if you are that dude with the mining rights, you would sell them at the same price before and after discovering the gold right? Since the discovery of gold hasn’t changed its value.